Hot wallet
Rainbow vs Trust Wallet
Same kind of product, two profiles. Affiliate status is not how this page is ordered.
Rainbow
Rainbow is an Ethereum-focused hot wallet. Fee numbers and the exact network list were not verified, so this profile does not quote them.
Trust Wallet
Trust Wallet is a multichain hot wallet. The current swap fee, corporate ownership, and a full chain count were not verified, so those figures are omitted.
Facts
| Fact | Rainbow | Trust Wallet |
|---|---|---|
| Custody | Rainbow's site says "Your keys. Your crypto." Verified 2026-10-26 | Trust Wallet says you hold the private keys and that Trust Wallet does not. Verified 2026-10-26 |
| Platforms | — | iOS, Android, and a browser extension. Verified 2026-10-26 |
| Networks | — | Trust Wallet's FAQ names Bitcoin, Ethereum and other EVM networks, Solana, TRON, and TON among the chains in the app. Verified 2026-10-26 |
| Backup | — | The secret phrase is the offline backup. An encrypted iCloud or Google Drive copy is optional, and Trust Wallet says it cannot reset that password. Verified 2026-10-26 |
Rainbow sources
- Custody
Verified 2026-10-26
Rainbow's site says "Your keys. Your crypto."
Trust Wallet sources
- Custody
Verified 2026-10-26
Trust Wallet says you hold the private keys and that Trust Wallet does not.
- Platforms
Verified 2026-10-26
iOS, Android, and a browser extension.
- Networks
Verified 2026-10-26
Trust Wallet's FAQ names Bitcoin, Ethereum and other EVM networks, Solana, TRON, and TON among the chains in the app.
- Backup
Verified 2026-10-26
The secret phrase is the offline backup. An encrypted iCloud or Google Drive copy is optional, and Trust Wallet says it cannot reset that password.
Order on this site follows published fees. An Affiliate tag does not change it.